Bookkeeping and VAT Returns

Running and growing your business is a full time job, so you may find that you don’t have time to manage your bookkeeping or simply don’t want to. That’s where we can help.

We will manage all your bookkeeping tasks ensuring you always have accurate up-to-date records.

Bookkeeping can either be done remotely, at your business premises or a mixture of the two. We will carry out the bookkeeping as often as is required by your business. This usually depends on the amount of information that needs to be processed.

Using our bookkeeping service will give you the confidence that all your accounting records are up-to-date and, more importantly, you won’t have the stress of rushing things to us at the last minute.

If you would rather manage the process yourself, we will discuss your bookkeeping requirements and guide you towards the best solution for you and your business. We will never tell you which package to use as we believe that this is an individual choice as different packages suit different people.

If you already have a bookkeeping system in place as long as it is working for you, we will not try to change anything – after all, if you have a system forced on you, you will be less likely to enjoy doing your bookkeeping.

VAT returns

Good bookkeeping records makes completing VAT returns easier.

We will always monitor your turnover to see if you are going to exceed the VAT registration threshold (currently £85,000). If your business needs to register for VAT, we will talk through the various schemes to ensure that you are on the best option for your business. We will then register you directly with HMRC.

Once registered, we will prepare the quarterly returns for your approval before submitting them to HMRC.

We will always advise you of the amount due and how it will be paid (usually by direct debit), so you never have any nasty surprises.